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Five force analysis

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â?¢Go to the Harvard Business Review Website to read the article titled "The Five Competitive Forces That Shape Strategy," located at http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/ar/1.
I attached a copy of the article from the website.

â?¢From the article, explicate the five competitive forces that shape strategy. Then, determine which of the five competitive forces has the most significant impact on strategy in general. Support your response with evidence or examples.

â?¢Select any industry and analyze its underlying structure in terms of the five forces.

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â?¢From the article, explicate the five competitive forces that shape strategy. Then, determine which of the five competitive forces has the most significant impact on strategy in general. Support your response with evidence or examples.
Step 1
The first competitive force is to keep tab on rivals. The second is savvy customers, the third is powerful suppliers, the fourth is aspiring entrants, and the fifth is substitute offerings.
Step 2
The first competitive force is to keep tab on rivals. This competition related to direct rivalry. For instance, the competitor of Ford Motor Company is Toyota. The extent of rivalry depends on factors like exit barriers, industry concentration, and product differences. The second competitive force is savvy customers. They can cause price reductions. This competitive force depends on brand identity, buyer information, and buyer volume. The third competitive force is powerful suppliers. Strong suppliers can ask for higher prices and dictate terms for supply. The ...

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